Domo rises on narrower-than-expected Q3 loss

Domo

08/12/2022 22:27

** Shares of cloud-based data provider Domo Inc.  DOMO.O 
rise ~1.5% to $14.75 in after-market trading as co reports
narrower-than-expected Q3 loss 
    ** Co reports adj Q3 loss of 13 cents/shr vs analyst est of
26 cents/shr - Refinitiv IBES 
    ** Co forecasts narrower FY23 adj loss per share in the
range of 68-72 cents vs analyst est of 94 cents/share -
Refinitiv IBES 
    ** As of last close, the stock is down ~70% YTD 
 (Reporting by Anirban Chakroborti in Bengaluru)
 ((Anirban.Chakroborti@thomsonreuters.com;))